SEC Form 4 · accession 0001179110-17-009855
MACERICH CO · MAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur M Coppola
Officer — Chairman & CEO · Director
Period of report
Jun 30, 2017
Accepted (ET)
Jun 30, 2017 · 8:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912242
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jun 30, 2017 | S | 100,000 | $58.1282 | D | 96,053 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales price ranged from $57.77 to $58.565.
- F2488 shares are also held by Mr. Coppola's minor child. The reporting person disclaims beneficial ownership of all shares held by his child and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for the purposes of Section 16 or otherwise.
- F3In addition, the reporting person holds 107,679 vested stock appreciation rights and the following limited partnership units in The Macerich Partnership, L.P., which are generally redeemable upon certain circumstances for an equal number of shares of The Macerich Company's common stock: 737,603 OP Units held directly by the reporting person and 1,764,055 OP Units held through family limited liabilities companies of which the reporting person is the sole manager.